What Does The LinkedIn IPO Imply About The Value of Facebook?
The recent IPO of LinkedIn clearly illustrated the public’s infatuation with all things social. The company ultimately priced its IPO at $45 a share after raising the range due to high investor demand. Within its first day of trading the stock reached a high of $122.69 leaving the company with a market cap of $11.6B! The stock has retreated (closed at 75.91 on 6/8), but this still leaves the company